XML 63 R47.htm IDEA: XBRL DOCUMENT v3.22.0.1
BUSINESS COMBINATION - Narrative (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Apr. 01, 2021
Jan. 01, 2020
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Business Acquisition [Line Items]          
Goodwill       $ 226,294 $ 2,738
Luxco          
Business Acquisition [Line Items]          
Cash consideration paid $ 237,500        
Common stock issued to acquire business (in shares) 5,007,833        
Value of MGP Common Stock issued at close $ 296,213        
Shares issued to acquire business as a percentage of outstanding common stock 22.80%        
Decrease in cash consideration     $ 608    
Increase in stock consideration (in shares)     1,373    
Goodwill $ 223,556        
Intangible assets 219,500        
Sales       177,607  
Income before income taxes       17,027  
Transaction costs incurred       8,927  
Adjustments to pro forma net income       (100,597) $ (46,200)
Luxco | Acquisition-related Costs          
Business Acquisition [Line Items]          
Adjustments to pro forma net income   $ 7,037      
Luxco | Acquisition-related Costs | Luxco          
Business Acquisition [Line Items]          
Adjustments to pro forma net income       3,132  
Luxco | Fair Value Adjustment to Inventory          
Business Acquisition [Line Items]          
Adjustments to pro forma net income       $ 2,529  
Luxco | Trade Names          
Business Acquisition [Line Items]          
Intangible assets 178,100        
Luxco | Distribution Rights          
Business Acquisition [Line Items]          
Intangible assets $ 41,400        
Weighted average useful life 20 years